Lookonchain

A whale who bought 348,007 $HYPE($13.42M) 6 months ago at $38.56 has started selling for profit!
3 hours ago, this whale sold 134,868 $HYPE($9.92M) through Flowdesk.
He still holds 213,139 $HYPE($15.69M), with a total profit of $12.19M.

May 25–May 31, 2026 #LookonchainWeeklyReport
🟢 Overview
Market sentiment softened as the stablecoin market cap fell by $2.67B and DEX perp volume dropped 13.55% WoW. Public companies also turned cautious, with 3 companies selling a combined 540 BTC, while Bitmine continued accumulating ETH despite the broader slowdown.
🟢 Stablecoin Market
The total stablecoin market cap decreased by $2.67B.
🟢 Spot & Perps Trading Volume on DEXs
🟢 Protocol Revenue
🟢 Last week, 3 companies sold a total of 540 $BTC($38.61M).
🟢 Institutional/Whale Activity
Michael Saylor(@saylor)'s @Strategy sold 32 $BTC($2.

Bitwise bought another 336,474 $HYPE($24.43M) in the past 12 hours.

June 1 Update:
#Bitcoin ETFs:
1D NetFlow: -1,947 $BTC(-$139.42M)🔴
7D NetFlow: -19,351 $BTC(-$1.39B)🔴
#Ethereum ETFs:
1D NetFlow: -27,948 $ETH(-$55M)🔴
7D NetFlow: -125,288 $ETH(-$246.57M)🔴
#Solana ETFs:
1D NetFlow: +15,902 $SOL(+$1.27M)🟢
7D NetFlow: +35,374 $SOL(+$2.82M)🟢

In May, the total stablecoin mcap on #Tron surpassed $90B, up 3.63% from the previous month.
#Tron's revenue reached $32.23M in May, up 5.6% from the previous month and far ahead of other chains.

Strategy has started selling $BTC, while #Bitmine is still buying $ETH!
Tom Lee(@fundstrat)'s #Bitmine bought 26,497 $ETH($52.6M) last week and currently holds 5,416,901 $ETH($10.75B).

Michael Saylor's @Strategy sold 32 $BTC($2.47M) at $77,135 last week.
This is #Strategy's first $BTC sale in over 3 years.
The last time #Strategy sold $BTC was on Dec. 22, 2022, when they sold 704 $BTC at $16,776.
But they quickly bought back 810 $BTC at $16,845 on Dec. 24, 2022.
Will #Strategy keep selling $BTC, or start buying again?

Whales are accumulating $BTC.
Two newly created wallets withdrew 984 $BTC($72M) from #BitGo an hour ago.

Gambler 0xc6fe caught the $HYPE pump and made over $1.4M in just 2 days!
Yesterday, he opened a 10x long on 110,735 $HYPE($7.6M) and closed it for a profit of $580K.
Then he went bigger and opened another 10x long on 204,383 $HYPE($14.89M), now up $838K.
Total profit: $1.4M+!

Persistence pays off!
6 months ago, trader 0x082e opened a 5x long on 1.38M $HYPE($99.77M).
He was once down over $25M.
But as $HYPE kept rising and hitting new all-time highs, he finally turned it around.
He is now sitting on over $46M in unrealized profit!

loracle.hl(@loraclexyz), who lost over $35M from shorting $110M+ worth of $HYPE, is now closing his $HYPE short and flipping long on $ASTER!
He has already closed part of his $HYPE short and still holds 1.5M $HYPE($103.1M) short.
At the same time, he is adding to his longs on $ASTER, $ZEC, and $TON.
Because of his $HYPE short, he has lost all the $42M+ he previously made on perps.
In less than 20 days, he went from $42.2M in profit to being down $829K.

The #a16z-linked whale bought another 226,121 $HYPE($14.5M) today.
Since Apr 14, this whale has bought a total of 3.9M $HYPE($192.6M) at an average price of $49.4.

As $HYPE broke above $67 and hit a new ATH, a $HYPE OG holding 1.5M $HYPE($98.2M) started selling to lock in a $95M profit!
This OG received 819,335 $HYPE at Genesis, then spent $2.9M to buy another 676,709 $HYPE at $4.29.
9 hours ago, he withdrew 500,000 $HYPE($33M) from Hyperliquid and deposited 211,001 $HYPE($13.8M) into #Coinbase.
He still holds 1.285M $HYPE ($84.4M).

May 29 Update:
#Bitcoin ETFs:
1D NetFlow: -4,275 $BTC(-$312.67M)🔴
7D NetFlow: -18,372 $BTC(-$1.34B)🔴
#Ethereum ETFs:
1D NetFlow: -47,308 $ETH(-$94.43M)🔴
7D NetFlow: -100,038 $ETH(-$199.68M)🔴
#Solana ETFs:
1D NetFlow: +14,169 $SOL(+$1.15M)🟢
7D NetFlow: +91,988 $SOL(+$7.48M)🟢